Information Literacy

Read the text and answer the question below.

Men like Samuel Adams in Boston formed groups to protest the Stamp Act. Adams was the leader of a group called the Sons of Liberty. Sometimes this group and others used violence to resist new taxes.

Merchants in ports like New York and Philadelphia held a boycott of British goods. The protests and boycott worked. Britain repealed the Stamp Act.

In 1767, Britain needed money to pay for the services of colonial governors and soldiers. Parliament created the Townshend Act.

This Act made colonists pay taxes on tea, glass, paper, and other items. Colonists boycotted British goods again.

What’s the name of the group that was led by Samuel Adams and protested the Stamp Act?

In 1781, the Articles of Confederation made Congress the national government. Each state had one vote in Congress. The states had more power than the national government.

Congress could declare war, borrow and print money, and make treaties with other nations. It could not start an army, create taxes, or control trade. People wanted to settle on land won in the Revolutionary War.

Congress passed two ordinances to control what happened in the Northwest Territories. It explained how the land would be measured, divided, and sold. It described how a territory could become a state. It also outlawed slavery in the territories.

What is an ordinance?

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New machines and technologies helped businesses grow. Andrew Carnegie used a new invention to start his steel company. John D. Rockefeller started Standard Oil. The company became a corporation. It bought small companies. This got rid of competition. Standard Oil became a monopoly. It owned 90 percent of America’s oil.

No competition meant consumers had fewer choices. Monopolies could provide poor service or charge higher prices. After making large fortunes, Carnegie and Rockefeller gave millions of dollars to schools,
libraries, churches, and hospitals.

What were the effects of a monopoly?

Take a look at changes in Hispanic or Latino household spending from 2007 to 2017.

Over the period of 2007 to 2017, on average, Hispanic or Latino households more than doubled spending on …

Goods are things that can be bought. Producers make and sell many kinds of goods. A farmer who grows crops is a producer. Other producers make cars or bridges.

Producers provide services, too. Bankers and firefighters are producers. They provide services for other people to buy or use. Producers sell their goods and services to consumers.

Many producers specialize. This helps them do a better job of providing goods or services that people want. For example, an eye doctor learns special skills to help people see better.

If you were a dentist who buys food in Walmart, are you a producer or a consumer?

True of false?

Consumers create demand for goods and services. When prices are high, consumers buy less.

Read the text, look at the chart and answer and the question.

The integration of national economies into a global economic system has been one of the most important developments of the last century.

 This process of integration, often called Globalization, has materialized in remarkable growth in trade between countries. The following chart shows the value of world exports over the period 1800-2014. 

Exports today are more than ……  larger than in 1800.